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HomeMy WebLinkAbout2008 07-14 CCM Joint Work Session with Financial Commission MINUTES OF THE PROCEEDINGS OF THE CITY COUNCIL OF THE CITY OF BROOKLYN CENTER IN THE COUNTY OF HENNEPIN AND THE STATE OF MINNESOTA JOINT WORK SESSION WITH FINANCIAL COMMISSION JULY 14, 2008 CITY HALL COUNCIL /COMMISSION CONFERENCE ROOM CALL TO ORDER The Brooklyn Center City Council met in Joint Work Session with the Financial Commission called to order by Mayor Tim Willson at 6:05 p.m. ROLL CALL Mayor Tim Willson and Councilmembers Kay Lasman, Mary O'Connor, Dan Ryan, and Mark Yelich. Financial Commission Members present were: Chairperson Mark Nemec and Commissioners Todd Boster and Rex Newman. Also present were: City Manager Curt Boganey, Director of Fiscal Support Services Dan Jordet, and Carol Hamer, TimeSaver Off Site Secretarial, Inc. BUDGET OVERVIEW AND PROCESS REVIEW Mr. Boganey provided background information regarding the return of levy limits. He explained currently there is a levy limit of 3.9 In addition, for the first time LGA is included as part of the maximum levy increase, which results in the total levy being offset by the LGA increase received. Councilmember O'Connor arrived at 6:08 p.m. Mr. Jordet provided an overview of the following budget calculations: City of Brooklyn Center Calculation of Limited Property Tax Using HF 3149 Rules. City of Brooklyn Center Calculation of Overall Property Tax Levy for Pay 2009, Summer 2009. Mr. Jordet provided information on special levies and stated of the 22 special levies, the City qualifies for five of them. He provided an overview of the following budget calculations: City of Brooklyn Center Calculation of Limited Property Tax Using HF 3149 Rules, reduced for the amount of police wages and benefits that are attributable to property tax under the special levy. City of Brooklyn Center Calculation of Overall Property Tax Levy for Pay 2009, Summer 2009, reduced for the amount of police wages and benefits that are attributable to property tax under the special levy. There was discussion on the uncertainty of LGA funding for upcoming years. Mr. Boganey explained in past years the City has not put all increases in LGA funding into the operating 07/14/08 -1- budget; however, with a levy /o limit of 3.9 the budget will be more reliant on LGA for operations unless staff is directed to cut back on services. Mr. Jordet provided an overview of the following information on Local Government Aid: Annual Local Government Aid (1999- 2009). Property Tax and Local Government Aid (1999- 2009). There was discussion on the purpose of LGA and fiscal disparities funding. The City Council and the Financial Commission were provided with the City of Brooklyn Center Proposed Strategic Goals 2008 -2010 and the City of Brooklyn Center Proposed Goals Program. Mr. Boganey stated staff is proceeding with the budget on the basis that the goals adopted by Council are the goals for the budget. Staff would like more in -depth discussion about the goals and would like to ensure that there are not other goals encompassed in the adopted goals that should be focused on in the budget. Staff would also like feedback on the levy rate to develop the budget within and whether to include special levies in the budget. It was noted that there is an accountability advantage with special levies in that the taxpayers can identify the purpose and where the money is going. ADJOURNMENT Councilmember Lasman moved and Councilmember Ryan seconded adjournment of the City Council/Financial Commission Joint Work Session at 6:45 p.m. Motion passed unanimously. 07/14/08 -2- STATE OF MINNESOTA) COUNTY OF HENNEPIN) ss. Certification of Minutes CITY OF BROOKLYN CENTER) The undersigned, being the duly qualified and appointed City Clerk of the City of Brooklyn Center, Minnesota, certifies: 1. That attached hereto is a full, true, and complete transcript of the minutes of a Special Session of the City Council of the City of Brooklyn Center held on July 14, 2008. 2. That said meeting was held pursuant to due call and notice thereof and was duly held at Brooklyn Center City Hall. 3. That the City Council adopted said minutes at its July 28, 2008, Regular Session. I AA. A(2"A i't -A I City Clerk Mayor 07/14/08 -3-